U-SWAP THE NEWEST DAPP ON TRON-BLOCKCHAIN
UME and SocialSwap, DeFi dApps on the Tron blockchain, contribute to the immense growth the platform has seen over the past month. The two dApps are popular among users despite the high gas fees.
USwap is a TRON-based exchange protocol for exchanges between TRC20 tokens that is verified Legit project. Conversion can happen easily between two TRC20 tokens based on system prices. All trading fees collected will directly go to liquidity providers of the protocol, rather than the protocol itself. USWAP and UME is from the EclipCity team and is an improved version of the uniswap v2 project launched To the TRON network.
Users can now provide liquidity stake and earn UME TOKEN
According to CoinMarketCap UME is valued at $25.93 (0.0004btc) at the time of writing.
The main reason behind this is the low transaction fees offered by Tron. Ethereum's rising gas fees have benefitted a number of its competitors. Tron was launched as a TRC-20 token in 2019 and has traded UDST on its blockchain ever since.
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